Industry NewsMarkets & Economy

Confidence slips among agents, brokers

Survey includes detailed commentary on market conditions
Published on Jan 8, 2010

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by CareyBot

Confidence among real estate agents and brokers dipped in December after a heady rise in November, according to a monthly survey conducted by real estate tech company Point2 Technologies.

The company's monthly Real Estate Confidence Index (RECI) registered 5.91 nationally (10 is highest), almost 2 percent lower than in November, but still the second-highest rating since Point2 established the index in June 2009. November saw the highest rating at 6.03, reversing two months of declines, including the index's lowest rating, 5.59, in October.

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